The company announced the new order during trading hours today, 29 February 2012.

Meanwhile, the BSE Sensex was up 131.69 points, or 0.74% to 17,862.81.

On BSE, 42,000 shares were traded in the counter as against average daily volume of 11,131 shares in the past one quarter.

The stock hit a high of Rs 51.05 and a low of Rs 47.25 so far during the day. The stock had hit a 52-week high of Rs 93.80 on 13 April 2011. The stock had hit a 52-week low of Rs 22.60 on 30 December 2011.

The stock had underperformed the market over the past one month till 28 February 2012, falling 2.74% compared with the Sensex's 2.88% gain. The scrip had, however, outperformed the market in past one quarter, surging 36.8% as against Sensex's 9.67% gain.

The small-cap construction company has an equity capital of Rs 13.50 crore. Face value per share is Rs 10.

PBA Infrastructure said the latest order from Mumbai Metropolitan Region Development Authority is for widening and strengthening of cement concrete road from 2+2 lane to 3+3 lane on Shilphata-Mahape Road SH-40.

PBA Infrastructure reported net loss of Rs 2.07 crore in Q3 December 2011, compared with net profit of Rs 2.56 crore in Q3 December 2010. Net sales rose 10.3% to Rs 66.73 crore in Q3 December 2011 over Q3 December 2010.

PBA Infrastructure is engaged in execution of civil engineering projects and specializes in construction of highways, dams, runways and heavy RCC structures, bridges and other infrastructure projects.